Sany Heavy Equipment International Holdings Company Limited (OTCMKTS:SNYYF) Sees Significant Increase in Short Interest

Sany Heavy Equipment International Holdings Company Limited (OTCMKTS:SNYYF) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 56,000 shares, an increase of 19.1% from the February 28th total of 47,000 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 560.0 days.

Sany Heavy Equipment International Price Performance

Shares of SNYYF stock opened at $0.62 on Wednesday. Sany Heavy Equipment International has a one year low of $0.50 and a one year high of $0.90. The company’s 50-day moving average is $0.63 and its 200 day moving average is $0.62.

About Sany Heavy Equipment International

Sany Heavy Equipment International Holdings Company Limited, an investment holding company, engages in the manufacture and sale of mining equipment, logistics equipment, robotic, smart mine products, and spare parts. It operates in two segments, Mining Equipment and Logistics Equipment. The company offers coal mining machinery products, such as road headers, including soft rock and hard rock road headers, integrated excavation, bolting, and self-protection machinery; mining equipment consisting of coal mining machines, hydraulic support system, scraper and armored-face conveyors, etc.; non-coal mining machinery products comprising tunnel road headers and mining machines; and mining transport equipment, which include mechanical and electric drive off-highway dump trucks, widebody vehicles, and other related products.